$713 Closing Credit*
$60,000
1,056 SqFt
3 Beds
•1 Full Bath
Logan Blankenship, Listing Office: Blankenship Real Estate
Is 74872, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 74872 has remained a Buyer's Market.
Key Takeaway
74872 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74872, OK
How much do homes in 74872, OK cost?
Median Sold Price
$168,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$24,000(-12.5%)
Key Takeaway
Homes in 74872 have sold for 12.5% less than they did a year ago.
Summary: The median home sold price in 74872 was $168,000 in October 2024, down 12.5% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $95K | N/A |
| 2 Bedrooms | $65K | $93K | +43.1% |
| 3 Bedrooms | $187.5K | $202K | +7.7% |
| 4 Bedrooms | $360K | $255K | -29.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: 74872 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 29.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 73075 | $192.5K | $190.7K | -0.9% |
| 74872 | $192K | $168K | -12.5% |
| 73098 | $189K | $148K | -21.7% |
Housing Supply in 74872, OK
How many homes are available in 74872, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 23 | +15.0% |
Summary: The 74872 real estate market had 23 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 4 | +100.0% |
| 3 Bedrooms | 17 | 19 | +11.8% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 74872 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 11.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74872, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 74872 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 74872, OK
How long does it take to sell a home in 74872, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 58 Days | +67.1% |
Summary: Homes in 74872 had an average of 58 days on market in Oct 2024, up by 67.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74872 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 74872; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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